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Ontario Teachers’ investing in Finland utility, Caisse in Brazil telecommunications

The Ontario Teachers’ Pension Plan is acquiring a 40 per cent stake in Caruna, Finland’s largest electricity supplier. The pension will acquire a 20 per cent…

The Caisse posts 7.7 per cent return in 2020 as real estate underperforms

The Caisse de dépôt et placement du Québec posted a return of 7.7 per cent in 2020, below its benchmark index of 9.2 per cent as…

IMCO launching second structured pool of assets

The Investment Management Corp. of Ontario is launching its second structured pool of assets, the IMCO Global Public Equity pool, valued at $17.3 billion. Read: IMCO…

  • By: Staff
  • March 2, 2021 March 2, 2021
  • 09:00

OTPP investing in packaging manufacturer, Caisse in flight-training company

The Ontario Teachers’ Pension Plan is acquiring The Carlyle Group’s majority stake in Logoplaste, a Portugal-based rigid plastic packaging designer and manufacturer of items. Logoplaste’s…

  • By: Staff
  • March 2, 2021 March 3, 2021
  • 09:00
Stock Markets plunge from novel COVID-19 virus fear. © tang90246 / 123rf stock photos

OMERS says its portfolio lost 2.7 per cent, net of expenses, in 2020

TheOntario Municipal Employees Retirement System says its portfolio lost 2.7 per cent, net of expenses, last year as the coronavirus pandemic hammered its investments. The pension-fund…

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Canadian employer pension plans’ asset value rebounds to $2.12 trillion: report

The market value of assets held by Canadian employer pension plans increased to $2.12 trillion in the third quarter of 2020, according to a new report…

  • By: Staff
  • February 25, 2021 February 25, 2021
  • 10:00

Majority of Canadians support extending EI sickness benefit to at least 26 weeks: survey

A new survey by Ipsos for the Canadian Cancer Society showed 88 per cent of Canadians support extending the employment insurance sickness benefit to at…

  • By: Staff
  • February 25, 2021 February 26, 2021
  • 09:00

SEB, EQ Care partnering on virtual employee assistance program

SEB Administrative Services Inc. and EQ Care are launching LifeJourney a virtual employee assistance program offering. The subsidiary of Smart Employee Benefits Inc. and the…

  • By: Staff
  • February 25, 2021 February 24, 2021
  • 09:00

Unilever Canada making Maple’s virtual-care program for employees permanent

Following a pilot program, Unilever Canada Inc. is making its partnership with Maple to provide ongoing, on-demand virtual care to the employees of the consumer-goods…

  • By: Staff
  • February 24, 2021 February 26, 2021
  • 09:00

Uber drivers classified as workers, given benefits in landmark U.K. ruling

Uber drivers in Britain should be classed as “workers” and not self-employed, the U.K. Supreme Court ruled Feb. 19, in a decision that threatens the company’s…

Feds extending weeks of income support for sick leave, unemployed workers and caregivers

The federal government is adding extra weeks of income support for employees who are feeling ill or have to isolate, unemployed workers and parents at home with…

WestJet hiring its first chief medical officer

WestJet Airlines Ltd. is hiring Dr. Tammy McKnight as its first chief medical officer. According to a press release, McKnight will develop and implement initiatives related…

TD Bank expanding DEI goals via e-training, shared experiences

TD Bank is broadening its diversity, equity and inclusion goals and connecting employees through anti-racism e-learnings, promoting intersectionality and a storytelling approach. During the month…

Five lessons for employers to apply to the pandemic’s second wave

As coronavirus cases rise across the country and some return-to-work plans become return-to-home plans, many employers are wondering how to help their employees adapt once again…

  • By: Kim Siddall
  • November 3, 2020 February 5, 2021
  • 08:45

A legal update on the government’s CEWS and CERB programs

The COVID-19 pandemic has created many complicated issues for employers. Prudent employers should ensure they’re aware of the resources that may be available during this…

  • By: Rayaz Khan
  • April 14, 2020 November 11, 2020
  • 08:30

Considering how mental-health support, accommodation is changing

Sixty per cent of working Canadians have experienced a mental-health issue, an increase from 52 per cent in 2017, according to Sun Life’s 2019 barometer survey.…